Comment 

Housing: a poor investment

Chris Dillow

Chris Dillow

It's insufficiently appreciated just how bad housing has been as an investment.

Figures from Lloyds Banking Group show that average house prices in June were 30 per cent below the 2007 peak, adjusting for inflation. This fall is so great that it has offset a lot of earlier gains, with the result that even quite long-term returns have been poor.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now